APRN Stock Alert: Why Citron Thinks Blue Apron Can Go 4X

187
8
Favorite

APRN Stock Alert: Why Citron Thinks Blue Apron Can Go 4X

InvestorPlace2022-01-21

After a rollercoaster Q4 for meal-kit company Blue Apron(NYSE:APRN), prospects are up for the company. APRN stock is up nearly3% heading into market close after Citron gave the direct-to-consumer ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

187

Report

Comment（8）

Nebhol
·2022-01-21
Like
Reply
2
Report
TeslaLegend
·2022-01-21
Nice
Reply
2
Report
PureBlack
·2022-01-21
😊
Reply
4
Report
XiaTian
·2022-01-21
Yes
Reply
5
Report
yinrudy
·2022-01-21
Interesting
Reply
4
Report
DarkFate
·2022-01-21
Like
Reply
3
Report
Ahsiang
·2022-01-21
Like pls
Reply
3
Report
Victorhc88
·2022-01-21
Like
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1116372122?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-21 10:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1116372122","market":"us","top_or_hot":-1,"title":"APRN Stock Alert: Why Citron Thinks Blue Apron Can Go 4X","media":"InvestorPlace","content":"<div>\n<p>After a rollercoaster Q4 for meal-kit company Blue Apron(NYSE:APRN), prospects are up for the company. APRN stock is up nearly3% heading into market close after Citron gave the direct-to-consumer ...</p>\n\n<a href=\"https://investorplace.com/2022/01/aprn-stock-alert-why-citron-thinks-blue-apron-can-go-4x/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>APRN Stock Alert: Why Citron Thinks Blue Apron Can Go 4X</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAPRN Stock Alert: Why Citron Thinks Blue Apron Can Go 4X\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/01/aprn-stock-alert-why-citron-thinks-blue-apron-can-go-4x/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a rollercoaster Q4 for meal-kit company Blue Apron(NYSE:APRN), prospects are up for the company. APRN stock is up nearly3% heading into market close after Citron gave the direct-to-consumer ...</p>\n\n<a href=\"https://investorplace.com/2022/01/aprn-stock-alert-why-citron-thinks-blue-apron-can-go-4x/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APRN","symbol_name":"Blue Apron Holdings Inc.","start_time":0,"source_url":"https://investorplace.com/2022/01/aprn-stock-alert-why-citron-thinks-blue-apron-can-go-4x/","article_id":"1116372122","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116372122","pubTimestamp":1642733230,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"After a rollercoaster Q4 for meal-kit company Blue Apron(NYSE:APRN), prospects are up for the compan","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"APRN":"Blue Apron Holdings Inc."},"translate_title":"APRN股票警报：为什么香橼认为蓝色围裙可以卖4倍","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APRN":0.9},"content_text":"After a rollercoaster Q4 for meal-kit company Blue Apron(NYSE:APRN), prospects are up for the company. APRN stock is up nearly3% heading into market close after Citron gave the direct-to-consumer business a strong buy rating.What’s behind Citron’s latest advocating report?Citron pulls no punches in its presentation backing its whopping $40 price target. The research company claims the food industry has the potential to beat out the metaverse,crypto and electric vehicles (EVs). They even quote a lofty tweet from investor Joe Sanberg on the meal service company: “Blue Apron is going to prove to be one of the greatest corporate turnaround stories of this century!”The basis of their bullishness? Strong fundamentals and rising food costs. According to Citron, the benefits of going to the supermarket for food “is making less and less sense.” A recent survey from KPMG on food costs backs its claim. Apparently, roughly 61% of those surveyed intend to use meal kits more often in 2022. This comes as grocery store costs are estimated to increase by nearly 15% this year.To add to the consumer trend, Blue Apronfrequently tops many meal kit reviews in terms of quality, price and ease of use.This isn’t the only logic behind Citron’s prediction, however.Citron Claims APRN Stock Is Blatantly UndervaluedAfter opening at $140 in 2017, Blue Apron has seen its stock price progressively decline. APRN has dropped as low as $3.52 per share, and even after a strong performance today, it is only at $7.90. As such, “bullish” hardly encapsulates Citron’s $40 price target.Citron claims that compared to other similarly popular meal-kit services, Blue Apron’s market capitalization doesn’t come close to measuring its potential. For example, industry leader HelloFresh(OTCMKTS:HLFF) is valued at more than $10 billion, compared to APRN’s $160 million. Citron argues that Blue Apron enjoys higher margins and increased usage from customers than HelloFresh.Additionally, Citron believes its recent management changes reflect a complete restructuring of the company’s business model, for the better.“Blue Apron was not able to grow proportionally during the pandemic because previous management ran the company into the ground as they focused more on building the infrastructure and did not focus on customer acquisition costs. This left them with little cash going into 2020. All that has changed and the terms are meaningful.”Citron’s report prompted an immediate jump for the meal-kit service. Notably, the company is still trading below even last month’s high of $12.80. Whether APRN makes the climb to the levels Citron predicts remains to be seen.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9007953836,"gmtCreate":1642747783844,"gmtModify":1676533742669,"author":{"id":"3567411499210880","authorId":"3567411499210880","name":"Nebhol","avatar":"https://static.tigerbbs.com/b0bfc2a45b91e41a283614268857b3a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3567411499210880","authorIdStr":"3567411499210880"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007953836","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007925269,"gmtCreate":1642744955159,"gmtModify":1676533742559,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":4,"crmLevelSwitch":1,"idStr":"3572489627147183","authorIdStr":"3572489627147183"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007925269","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007921060,"gmtCreate":1642742400377,"gmtModify":1676533742454,"author":{"id":"4091942781427240","authorId":"4091942781427240","name":"PureBlack","avatar":"https://static.tigerbbs.com/03abed17801d9a2bd446a59b3017e8b4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4091942781427240","authorIdStr":"4091942781427240"},"htmlText":"😊","listText":"😊","text":"😊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007921060","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007923706,"gmtCreate":1642742393731,"gmtModify":1676533742446,"author":{"id":"3575368380492738","authorId":"3575368380492738","name":"XiaTian","avatar":"https://community-static.tradeup.com/news/71777f1a5ae276e73064272b5ae7df92","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3575368380492738","authorIdStr":"3575368380492738"},"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007923706","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007967808,"gmtCreate":1642741288848,"gmtModify":1676533742358,"author":{"id":"4103889207953100","authorId":"4103889207953100","name":"yinrudy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4103889207953100","authorIdStr":"4103889207953100"},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007967808","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007965476,"gmtCreate":1642740904015,"gmtModify":1676533742317,"author":{"id":"4097476142152970","authorId":"4097476142152970","name":"DarkFate","avatar":"https://static.tigerbbs.com/a22f6ff84fe185b6d3ad31b8673302d8","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4097476142152970","authorIdStr":"4097476142152970"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007965476","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007985989,"gmtCreate":1642737114832,"gmtModify":1676533742061,"author":{"id":"3582617881962608","authorId":"3582617881962608","name":"Ahsiang","avatar":"https://static.tigerbbs.com/310f96e7696af85ae33ece774a483d15","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3582617881962608","authorIdStr":"3582617881962608"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007985989","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007980645,"gmtCreate":1642735025825,"gmtModify":1676533741831,"author":{"id":"3582248650466523","authorId":"3582248650466523","name":"Victorhc88","avatar":"https://static.tigerbbs.com/d72a1d9498132424b1eddb4db3c77265","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582248650466523","authorIdStr":"3582248650466523"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007980645","repostId":1116372122,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":187,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}